2012-12-02
2012-12-10
x sandy

STATION
CNBC 17
CNNW 7
CSPAN2 7
CSPAN 6
KQED (PBS) 6
KRON (MyNetworkTV) 4
MSNBCW 4
KQEH (KQED Plus) 3
KRCB (PBS) 3
KPIX (CBS) 1
KTVU (FOX) 1
LANGUAGE
English 83

Set Clip Length:


are absolute low right. what you see happening right now, dana is the art of politics and verse us the science of good policy. we need to move away from campaign mode and stimulate economic growth and wealth expansion and not wealth distribution. when the president is focused on the wealth distribution politic which thomas jefferson and hamilton lincoln talked against we are headed on down the wrong path. more people are pushed to food stamps and more people pushed to poverty and unemployment situation is going to get worse. we have seen that recently with the weekly job claims numbers coming out. >> and one of the things that are part of the debate and since the carter administration is the need to reform entitlements and make social security is set on a path and available to children and grandchildren that are born today. >> it seems to me that cram -- congressman that entitlements are not part of the discussion but do you think it should be. >> it has to be. it is troubling when the president is ordering the expansion of government and increase of tax rates, but he's not talking about the t

on the underlying technology. is this really cool technology, is it promoting the progress of science, is society better off because of that technology. it should not be based on the owner of that particular technology. >> reporter: regulators are holding a workshop next week to look at the behavior of these companies. the workshops are expected to shine a light on the controversial practice. sylvia hall, "n.b.r.," washington. >> susie: another major international bank could soon pay up to settle allegations of price-fixing on a key interest rate. swiss bank u.b.s. is expected to settle charges of rigging "libor-rates" as soon as next week with regulators in the u.s. and britain. u.b.s. is not the first bank to settle charges for manipulating the rate that affects everything from credit cards, to state governments. last summer barclays paid almost half a billion dollars. >> tom: the major stock indices were weighed down as u.s. factories reported less business last month. after starting out the session with a small rally, the s&p 500 fell into the red by mid-day. it finished down 0.5%. trading vo

that, but on the theological debate, that's how do you reconcile with science definitively establishes what your what faith teaches? with the age of the earth, there's no conflict. in the beginning, god created the heavens and earth, and the scientific advances allowed us, given us insight into when and how he did it, but i believe god did it. that's how i reconcile that. that's consistent with the teachings of my church. other people have a deeper con flipght. i think in america, we should have the freedom to teach our children whatever we believe, and that means teaching them science. they have to know science, but parents have the right to teach theology and reconcile the two things as they believe and see fit, and i think that's the point the president was making back in 2007 when he was asked the question. that's what i was saying. >> accepting that, how old is the earth? >> science says it's -- my faith teaches it's not inconsistent, but god great created the universe. god creates help and earth, and science gives us insight. the more science learned, the more i'm convinced that

in south florida as great a strain folks at entry point, there is science and progress of human trafficking. awareness part is important. they have to take the place when the internet for law enforcement because a lot of times they find themselves into prostitution and get treated as perpetrator rather than victims. if ecologists force them into a perpetrator but in fact we are the dems and they have to give him for certain judicial system to treat a women as victims and put them in a setting with a pull themselves away from drug addiction or whatever it's supposed appendices seem to keep them trapped. >> first i want to ask you a couple twitter questions that have come in what we've been talking here. one is who's the best meter in washington? >> robert griffing. [laughter] >> why did the majority of americans reject the republican party? >> i think it was an election. it was a very close election when he looked than others and differences between. there is their free enterprise may maintain we need to improve on the way they connect those policies of the everyday life of everyday people.

'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. n you take a closer look.... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this.  is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take

is what about the science shows it is. but he's doing this interesting thing where he's claiming to say the same thing that obama said about this. what obama was asked about was how do you explain to your daughters that you know, you're a christian. christianity said it took six days for the earth to be created. how do you explain that to your daughters. obama went on a theological question, we don't know how long six days is. i believe in the science obama has said millions of times, we should teach geology and evolution in science class and if you want to teach intelligent design and other theories, do it in religion class. and the important part with rubio is while he does seem to be tempering his first line now with mike allen yesterday after he got a lot of criticism for it he still believes fundamentally that you should teach creationism alongside evolution in classes. that's really where this comes from. his history when he was in florida as a state house speaker was a huge fight over evolution education in

foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> woodruff: with 25 days left until the year-end fiscal cliff, and just 19 days until christmas, president obama warned lawmakers today not to add to the holiday pressures americans already feel, by letting the political stalemate drag on. but he also again insisted there would be no deal unless tax rates went up on the wealthy. >> the closer it gets to the brink, the more stressed we're going to be. >> woodruff: president obama made the short trip to northern virginia today to underline his plan to avert the fiscal cliff. at the home of what the white house called a typical middle class family, mr. obama said he's optimistic that agreement can be reached, but again drew a hard line for republicans in congress. >> everybody's is going to have

. they produce products that and for public opinion, she policies, and advanced science, engineering, and madison. that question is complicated, and nrc leaders put together a panel of people that represented a broad range of disciplines. they convene the leaders from business and industry, academy, and government and the national laboratories. i had the privilege of being a member of that panel. because congress asked for 10 actions that to be taken to shore up universities, restructured our report around 10 recommendations with a time frame of the next 5-10 years. one recommendation focused on policies affecting the flow of international scholars and students to the u.s. more and more international students are inclined to come to our research universities. uva has had a 60% increase in such applications in the last three years alone. that has been fueled largely by applications from chinese students. the u.s. benefits when talented students and faculty come to the country to study and conduct research. the benefit even more if they stay in the u.s. to work after they graduate. it is in our nat

of students. computer science class saw a man on a rampage take out a teacher. that teacher saved lives in the very last moments of his life. >> and neighborhoods evacuated. people forced to wait out a toxic situation after a train derailment sends hazardous chim -- chemicals in the air and ground. a new theory of what led to a chain of rail cars jumping off of the track. take a look. um... uh... um... hm... umm... uh... oh ! the windows phone 8x by htc on verizon. it features easy to navigate live tiles that are simple to customize. just pin what matters most right to your homescreen. exclusively with data sense-- a feature that makes the most of you plan. only on verizon. now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care professionals who understand the difference that quality time with our members can make... that's a very nice cake! ohh! [ giggles ] [ male announcer ] humana thanks the physicians, nurses, hospitals, pharmacists and other health professio

political points because there is no science to back this up. experts have locked at this and this is the longest period since 1900 without a major hurricane hitting the united states whether it is floods or droughts they are showing no trends over sector 80 years and people are trying to draw short trends but the bottom line, congress is not only doing this at fema hearings but the senators like senator whitehouse from rhode island are doing this at defense authorization trying to ride hurricane sandy to the bank and the bank is setting the same for a carbon tax here in washington, dc. that is what they are trying, the treasury, is trying to do and there is fear that even republicans are going to do it as a revenue neutral part of tax reform. that is what this is about, more money from the government using hurricane sandy. >> what i worry about, if anything, be when we had a lot of physical storms back in the 60's, whether they would respond the same way and gotten the same initiatives that cost billions for what was a cycle. we do it again, but, i think before yo

people sort of live those years? >> absolutely. medical science has been so great. you mentioned novartis earlier. they're on the cutting edge of figuring out therapies that will work for people like me. so, for example, in my treatment, the first medicine i took called. >> glivac wasn't working the way i wanted it to. i changed to the next generation drug and it worked very well. it has given me what is called the molecular response, which means i no longer have any bad white blood cells that can be detected in my body down to the molecular level. that's the type of response that we want to reach and hope to maintain. >> you know in the three years since being diagnosed, what has been your biggest breakthrough personally or with respect to treatment? and how the treatments happened. >> i think personally once people found out i had leukemia, it made me a lot more human to people. when you're a successful athlete, people think you can do anything at anytime. and when they find out you're susceptible to the same things that every other ordinary person is susceptible to, it kind of humanize

. >> clayton: in new york city, women waiting until they're 50 to get married or have kids, beyond science or-- >> right, right. >> clayton: is that a problem? and is marriage the traditional idea of marriage suffering because women want to go further and further into the workplace? >> the idea of traditional marriage is suffering for lot of reason. the article, wasn't the whole kit and caboodle, one aspect that i was passing on, if you will. there's certainly more to the issue, the purpose of my book, how to choose a husband. this was sort after teaser. but the whole attitude for marriage in general, for young people in particular is such a negative one and that's really the premise that i'm concerned about because when you start out thinking so negatively and taught things like never depend on a man and postpone marriage as long as possible. not that there's anything wrong with postponing it, but with that attitude you're probably going to have a self-fulfilling prophesy, but turn it around. this is a good thing. marriage, family-- >> governor huckabee on our show disagreed a little. >> oka

be donated to science to study the long-term effects of concussions. that was before investigators say he shot himself in the chest. and the scientists who examined deurson's brain as well as junior. researches at boston university report they investigated brain samples from 85 people all of whom had histories of brain injuries. they claim 80% of those brains showed signs of a certain type of brain disease that cause memory loss, depression and dementia. almost all of those brains they say belong to athletes. but scientist its say they don't have enough evidence to prove that the hits on the field caused the brain disease. earlier today on "studio b," a doctor suggested we have reached a point where parents really should think twice before even allowing their kids to play football. >> parents that are watching today need to be highly suspicious and highly cautious about having their kids participate in high school football, either if they don't get the right test done, if they are not followed frequently and certainly to make sure that the right protection is put in place to at least abso

, this is not hard. this ain't rocket science. it would take 15 minutes from the time the decision was made by the speaker of the house to pass and make permanent middle class tax cuts. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> the president and the democrats have the poll numbers on their side. 53% of people approve of the job president obama is doing. 53% trust him to handle the negotiations while just 36% say they trust the republicans in congress. and 65% of voters are with the president on a sticking issue in these negotiations -- raising taxes on household income over 250,000. 31% oppose it. and today a new number is strengthening the president's position in the negotiations. the november jobs report shows the unemployment rate has dropped to 7.7%. the economy added 146,000 jobs last month, and that is one reason why today john boehner kind of, sort of maybe entertained the idea of giving president obama what he wants on tax rates, at least rhetorically. >> even if the presiden

and science and technology. >> yeah, absolutely. that's one of the big things is we want to show how to do science and engineering on the show and we want to make it fun. a lot of this science shows, ten minute noose them, you fall asleep or whatever. that's one of the reasons we blow stuff up, we launch rockets, because we've got to get this next generation of kids interested in doing science engineering and math. >> brian: i still can't get through a whole episode of "electric company." steve, you remember we got in trouble for saying red neck on television? >> steve: right. >> brian: we got written up how numb we were to the people in the south. you're saying red neck is misunderstood. >> completely misunderstood. look up the history of the word. nowhere in its history was it used as derogatory term. it's only been in the last few decades that that's used on tv. in the south, it really is a term of endearment, if you think about it. it's hard work sharecroppers who had to be resourceful. everything they had was on the farm. if something broke, they had to fix it. when we moved the germa

, which isn't rocket science. it's just common sense, from td ameritrade. >> you have heard the outrage over charging 50,000 for tickets for a benefit concert. we have billy ball win here how he feels about that and what he is doing for the sandy victims in the place where he grew up. also senator a legislator and great basketball player. dennis kucinich couldn't be in any basketball match. geraldo rivera a great santa because all coming up at the top of the hour. we have great music and news by the numbers. >>> don't go away and don't miss it. >> living in a california apartment complex launching a campaign to save christmas. earlier this week managers of a los angeles building asked any one to take out christmas trees visible in the areas because they were considered religious symbols. they decorated their tree with a sign. no response from the new manager. >> motor trend magazine voting the ram 13400 truck of the year. the truck was praised for the air suspension choice avengeance variety of triple levels and towing capability. it's the first time the ram has not been referenced with

for those living near the coast. bill nye the science guy is going the break it down. you're watching msnbc, the place for politics. ♪ begin. tomato, obviously. haha. there's more than that though, there's a kick to it. wahlalalalallala! smooth, but crisp. it's kind of like drinking a food that's a drink, or a drink that's a food, woooooh! [ male announcer ] taste it and describe the indescribable. could've had a v8. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin used to control high blood sugar in adults and children with diabetes and is not recommended to treat diabetic ketoacidosis. do not use levemir® if you are allergic to any of its ingredients. the most common side effect is lo

a big discovery began after curiosity's sciences was quoted as saying that a rover instrument responsible for finding inorganic compounds had gathered data for " the history books. nasa downplayed that comment in a statement on friday. >> pope benedict the 16th have officially joined twitter today launching his official twitter account. the formal announcement is set for a press conference with catholic and twitter officials said the vatican. the pope will be composing the tweeds for the new account himself. the pope will press the button to send first himself but after that other people will send tweet out on his behalf. in june 2011 the popes in his first week from the twitter account for the vatican new site no word on what the pope's tour account name will be yet. we will find out today. >> the time is for 50 2:00 a.m. coming up on the kron for morning new we still have quite a few pictures-- 4:52. there is a tree that fell over on a house. we can have--send us your pictures so we can incorporate them into our newscast put them on our facebook page. >> we will be right wel

they are breaking up families. the republicans are trying to promote for science, technology and engineering and math, whether it's a high skilled visa or a low skilled advice a whether it's farm workers, domestic workers who clean hotepal this is all immigrant labor, and this apalo has an economic component in addition to the fact that many of their churches are telling them we can no longer side with this anti-immigration position. so it is changing out from under them and i think they are going to look for a way that they can change policy without a political backlash. joons we will be talking more about the upcoming elections a little bit later in the hour. a.b. stoddard, thank you. >> thank you. jenna: serious new concerns about a deteriorating situation in syria. why turkey says the bashar al-assad regime may be coming for it next and what our nato ally says it needs to protect its own people. we have a live report just ahead. [ man ] ring ring... progresso this reduced sodium soup says it mahelp lower cholesterol, how does it work? you just he to eat it as part of your heart healthy d

placement courses in math and science more than a dozen bay area schools. the owners to use that word will distribute the money through a competitive process. the process is known as the '80s them program. it encourages traditionally underrepresented female and minority students to demonstrate strong academic potential to explore science, technology, engineering and math, or stem, courses and consider careers in those areas. more than 139 schools around california are adults eligible to participate in the a piece stem access program. schools from alameda county san mateo county and santa clara can apply. the raiders >> the writer is taking on the denver broncos at the coliseum last night.broncos quarterback paid manning throughout his 30th touchdown pass of the season at the game's opening drive. they beat the raiders 26 to 13 last night. carson, threw one interception that thwarted a possible scoring chance the raiders. lost a fumble was set up a touchdown for the broncos of open its sixth straight game. the raiders will take on the kansas city chiefs' next sunday december 16th at th

the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> you're watching cnbc's "squawk on the street" live from the financial capital of the world. the opening bell set to ring in just under two minutes or so. if you want to play the history game looking at the history of the month of december for the markets, some call it meaningless but it is basically the second best month of the year after april. 23 of the past 28 decembers have been up. average of 1.5%. since '90, up 2%. not an insignificant -- santa claus is for real many times. >> many of us have to commit. we're not allowed to own individual stocks but it's uniform gift to minors time. you have to make a contribution. i don't know whether you guys do it. it's a great way to put money away for your kids. that contribution is due now. there are a lot of contributions that are due that you remember to put money to work. in an environment where not people put money to work and people aren't doing anything, you get an influx of retail money. you have to co

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return, a sharp increase in the number of scanners filing fraudulent returns. science and technology editor is with us now. it looks like they have stolen tens of thousands of people's refunds. >>guest: potentially billions. part of the problem, is identifying that there is a problem. the i.r.s. says they do not know the extent of the problem and it is hard if them to track and identify that something like this is happening. >>shepard: explain what going on. >>guest: it has me disgusted. identity scammers buying something in a store is one thing but they filing fraudulent tax runs, that is something else. >>shepard: they would file my tax returns using their address and if i had a refund it would come back to them? >>guest: exactly. the challenge comes in because if you are like me you find out you getting a refund and you file as soon as you can and you can file in january. businesses and financial institutions do thought have to file their information with the government until the end of march. often the i.r.s. doesn't have the information it needs to verify or crosscheck what has

of lawyers. you are talking about a bunch of people that study political science. you don't have anybody in congress that understands economic and they are following poor economic history and applying the same medicine. >> i am only one man. i can't save the world. this super hero is looking at me. again drawing exactly to scale. this just in, an urgent bull law -- bulletin coming in. i am getting results as i speak. you don't think i could perform heroic feats? right this second news from the united states senate that they are moving right now. right now. let me quote -- okay it is not on the stuff i just talked about. apparently harry reid is trying to move heaven and earth for a waiver to allow food in the congressional auditorium. let may get this straight. let me get this straight. a special screening of steven spielberg's movie "lincoln" -- if i am reading it right harry wants to get the -- get by the hurdle of preventing food in the auditorium for the" lincoln" thing. it is movie night for politicians who have neither guts nor grace and just fire. incredible. >> yes, it all gets b

and that's why they oppose david lee, thank you. it's not rocket science. that today from vice president joe biden on lawmaker's efforts to prevent a potential economic crisis. he says the so-called fiscal cliff problem could be fixed in 15 minutes if republicans would only agree to higher taxes on higher americans. the v.p. laid out the president's plan at a diner in virginia. the campaign style stop apparently meant to highlight going over the fiscal cliff would mean for the fiscal class. >> i don't know why at love the guys we work with don't get it makes a difference whether or not you can finance a used car. 3,000 bucks makes a difference or talk about whether or not your kids are going to be able to save enough for their college. >> shepard: so where are we? we are 25 days away from a series of automatic spending cuts and expiring tax credits or tax cuts anyway? economists say that would be a disaster. possibly costing million of american jobs. today the house speaker john boehner again accused the white house of holding up negotiations. he said the white house has wasted another w

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'll be joint staffers who are doing the real science and math on this on exactly what formations, what capabilities, and, therefore, how many civilians and military need to remain. i think that if you go to one end of the spectrum and go with just a few thousand soldiers, that's not enough to really secure yourself or do either too well. i think that's what my own research is doing. talking to a lot of smarter people in the week here in the capital region. if you go very large, you could run the risk of having the security forces from afghanistan become too reliant in those areas upon us because we're there taking care of them. i think they can be mitigated, i really do. there's got to be a really good, i think, science to exactly how you approach troops to task based upon the missions that we're given. that really is what needs to happen militarily. economically, we've got to stay informed in the -- invested in the region. you've got to have security forces. it's a sustainable force that works for afghans in the outyears. at the same time, diplomatically you've got to continue reconci

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guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >>> we'll kick off opening bell in a minute in a half. stocks had good action in shanghai overnight. a four-week high. the only disappointment has been data in europe. the scuttlebutt that some members wanted to cut which has put pressure on the euro today. >> german market up twice what we're up and i think people are shaking their heads that netherlands could be up. we don't see any data whatsoever that europe is doing better but belief that 2013 can't be as bad as 2012. german numbers were not good at all. it's a puzzle. >> we did get an earthquake in northeastern japan overnight. 7.3 is serious. looks like we dodged a bullet on that front as well. doesn't look like there's any damage as a result of that. >> i thought there would be a tremendous rebuilding effort in fukushima. it didn't happen because the ground is contaminated. the first question they asked over there were nuclear reactors apparently safe is the early word. >> we walk in on monday

is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> this is the famous tax pledge we have been talking about created by grover norquist created back when reagan was president. it's not just lower tax rate that matters, it's the return that tax payers get in paying those taxes, what do they get in support, in services? washington has to do a lot to avoid the fiscal cliff

, is really the art of politics, versus the science of good policy and i think we need to move away from campaign mode and we need to do the things that are going to stimulate economic growth and wealth expansion, not wealth distribution, when the president continues to be focused on the wealth distribution politics, which is something that president thomas jefferson talked against and also, abraham lincoln, we're going to continue to see greater problems with our economy, more people push toward food stamps, more people pushed towards poverty and our unemployment situation is going to get worse and we have seen that recently with some of the numbers, the weekly job claims numbers coming out. >> one of the things that has been a part of this debate and really has been something that's been talked about since the carter administration, is the need to reform entitlements, to make sure that, for example, social security could be set on a path so that it could be available to children and grandchildren being born today. and it seems to me though, congressman that maybe entitlements is not ev

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provided by: >> bnsf railway. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and... this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. captioning sponsored by macneil/lehrer productions captioned by media access group at wgbh access.wgbh.org >> this is "bbc world news america." funding of this presentation is made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> at union bank, our relationship managers work hard to know your business, offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." >> this is "bbc world news america" from washington. america" from washington. the au

, the academy the arts and science and lincoln high school. >>> inmates in the south bay are using their woodworking skills to put smiles on kids' faces this holiday season. the santa clara county sheriff's office and the department of corrections donated 350 toys to the toys for tots program and they were all made by elmwood facility inmates in milpitas. they range from a car to those rocking horses. >> definitely i would love to have kids see that i have put, you know, toys together for them and, you know, just good seeing those things go out to them. >> over the last 12 years, elmwood inmates have made more than 3,000 toys for children. >>> and coming up in our next half hour, emergency services on the chopping block. the bay area city that could lose its only fire station. >> on the 8th day of the port strike in southern california, new action to try to put an end to it. >> he's making cynical comments, like filthy comments. >> then the target worker got hit by a comedian the other slap in the face just hours after the video surfaced. when i take a picture of this check, it go

people in my community, 97 per science -- percent to not make $250,000 a year personal salaries so they are not affected by the top 2 percent. having said that, they want people to get back to work. people to have jobs to have incomes to buy from the small business people. blue are small or large you want to know which, how are the laws going to be, what are the tax lie bills going to be, and this congress owes it to the american people to tell them. >>eric: congressman, america has always been about hard working people earning, creating jobs, creating opportunity, passing a better life on to the next generation, to their kids, i don't know, at some point maybe you say it is time to man up, go over the fiscal cliff, and see what happens, fix the debt problem and maybe things will be better, maybe 10 or 15 years down the road, but maybe that is the responsible thing to do. >>guest: i was with you until you said the responsible thing to do. when the congress created this sequestration nightmare it wasn't the responsible thing to do. they did it so we would do the responsible thing an

and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. that makes watching tv even better. if your tv were a hot dog, zeebox would be some sort of fancy, french mustard. just like adding fancy mustard to a hotdog makes you go "woah!," zeebox adds video, info, and playalongs to spice up your favorite shows. download zeebox free and say "woah" every time you watch tv. >>> everyone involved in these markets become a real negative nancy. and it makes sense, the fiscal cliff nears, only 26 days away, many have thrown in the towel and this being the most wonderful time of the year. however, don't lose all hope. while we wait for washington to rise above and enjoy the long weekend, remember, no vacation without legislation. you can get a head start preparing your portfolio for whatever lies ahead, making sure you're diversified, keeping your chin up, your homework going, you call, you tweet me @jimcramer. you tell me your top five holdings and i'll tell you if it's diversified enough or if you need to mix it up a little. let's start

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, which isn't rocket science. it's just common sense. from td ameritrade. >> from america's news headquarters, i'm ainsley earhardt. new developments tonight in a case involving those two missing cousins from iowa. police say hunters have found two bodies and they think they are elizabeth collins and lyra morse. the cousins vanished on a bike ride last july. the bodies were discovered this afternoon, but police didn't elaborate on where, saying the area is still being investigated. citigroup, the nation's third largest bark, laying off thousands of employees, mostly people who work in local branches and foreign operations. the bank will slash 11,000 jobs, 11% of its workforce, looking to save more than $1 billion a year. the bank didn't fair well in the 2008 financial collapse and had to take two taxpayer-funded loans. i'm ainsley earhardt. now back to "on the record" with gret a. thank you for watching. >> you're the president of the united states. you've got the mighty pen. you bailed out the banks. bail out the american people that don't have homes for the holidays. the presid

isn't rocket science. it's just common sense. from td ameritrade. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> toast to today's market close. what percent of polled companies will be having a holiday party this year? 91%. up from 74% in 2011. >>> well, my next guest clearly has the true pulse of the consumer. ppr holds brands like gucci and puma. i spoke exclusively with the ceo. he's one of the richest men in france, and he tells me washington needs to resolve this fiscal cliff issue if they don't want consumers to stop their spending ways. >> let me start with what's going on in washington. we've got this negotiation for the fiscal cliff. if we go over the fiscal cliff, what is the impact to your business? >> well, there would be an impact on consumption, for sure. so when it comes to puma or mainstr

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is with us. the science is clear. national security establishments all know that this is real. there is a rearguard action in this building but i polluters to try to prevent us in taking action on this. we have to face the fact that deniers are wrong. they are just dead wrong. whatever motivations may be, they are wrong and we have to deal with that and i think some of the courtesy we've given to one another collegially really have to yield to the fact that some of the things said in the senate and equitably in this committee chamber just plain wrong. sandy shows the price of not being attentive to these facts in a thank you for your leadership, madam chair. >> senator, i want to thank you for your remarks. i feel, as you do, that the clock is ticking and hurricane sandy has shown us all what the scientist sitting right in this room today i got the goupil all were sitting right there and told us exactly what would happen and it's all happening. you can close your eyes and cover your ears and put a pillow over your head, but anyone with a heart beat and he pulls can tell that t

equipment, in r&d, in science education and infrastructure and so forth. the question many people, sir, don't want to consider is where do we get those resources with those enormous debts? i asked our research department if they would make a reasonable prediction of how important interest costs would be if we did nothing, and their estimate without any explosion in interest rates was as follows: within 25 years or so, our interest costs would jump from about 1% of the gdp to 12% of the gdp or roughly four times the total investment made in r&d, science education and infrastructure. and if we ever permit that to happen, we will have assured that we're going to have what i call a slow growth crisis. and that's at least my way of formulating what happens if we don't do anything. but, mike, please, take over. this is your meeting, not mine. >> well, one of the things i don't claim to be here is an economics expert, although it's from a national security standpoint, and i've felt this way for years, that it's not just about the health of our economy, it's around the world, it's the health of eco

, which isn't rocket science. it's just common sense, from td ameritrade. >>> welcome back. looking for news after a relatively light news day yesterday, you are in luck. multibillion dollar commission between mining and oil and gas. a major western bank starting to deglobalize. the president will speak on the fiscal cliff. what a day shaping up this morning. there's a look at s&p on the top of your screen. opening bell in a moment here at the big board. a limited partnership formed by marathon. celebrating the recent ipo. over at the nasdaq, a limited liability company celebrating the recent listing. >> fabulous company for people looking for high yield in the 401(k). they can't use it because of the tax break. >> very nice. a couple interesting notes about today. the anniversary of greenspan's speech on this date back in 1996 in which the dow closed at 6,437. >> a classic buy opportunity that was. >> when it hit 6400 in '09 it was a good opportunity too. >> yesterday s&p closes at 1,407. one year earlier 1,409. lost two points over the course of the year. >> it does look like noth

people. as the old expression used to go, this ain't rocket science. after superstorm sandy did not even the blow to the jobs market they feared, administration officials are sounding confident. >> there could be changes, but for all intents and purposes, this report looks to me like a steady report. >> as for the fiscal cliff, there appears to be a momentary break in the clouds when john boehner said he would be open to a tax rate increase on wealthier americans, just what the president wants. >> there are a lot of things possible, but none of it will be possible if the president insists on his position, insists on my way or the highway. hours later boehner put out a statement saying as i've said many, many, many times, i oppose tax rate increases because it cost american jobs. that has not changed and will not change. democrats say that just won't work. >> could it be because the republicans are holding the middle income tax cuts, as they have all along, hostage to tax cuts for the wealthy. >> after a week where republicans and the house and senate signal a willingness, one senator cam

change between natural gas and coal is still somewhat a question mark. it looks based on most science we have now cleaner than coal, but we just don't know. we don't know a lot about the local impacts and how long these prices stay low or how long the wells last. there's a lot wi don't know about it, and it's moving so quickly. i think that's why you see a lot of of this. >> there's a lot of fear. >> and you're someone who is familiar with this. you live in upstate. you consulted for the oil and gas industry and you're a toxicologist, right? what are the fears you hear, and what's yue feeling about how people are understanding the process? >> people are not understanding the process at at all. the information is out there. the industry has been doing this for a while. they have the information, but the problem is a lot of people don't believe what the industry says. so even if the industry -- >> which is not ridiculous. let me just say it for the record, right? this is just as a basic kind of -- i think you're right. what ends up happening is you get this debate, right? the natural gas c

impacts. we are going to work with gail glass and state and with the science community. -- with the scientists and the state and with the science community. once you get into a dense urban area, the solution will not work. we have to focus on that type of infrastructure and the best way to mitigate future damage. >> thank you. >> thank you very much. in your area when katrina hit, you showed what persistence to make sure your area was treated fairly. even though i must tell you many of us were not a joyful to hear your requests but never the less the outcome was great. you have set an example. our country has to be prepared to protect its supporters whether it is from the military or other kinds of encouragement or as the establishment of a program that says if you build and live here, that your route should not be taken away from you without the government helping to restore things. one of the questions i thought about when i heard you had this assignment is how much you had to do with this. it may take a long time to solve the problem. we commend you for your work. ad

income and if you don't have income you can't pay income taxes. that's not rocket science. got to get folks back to work and more, mr. speaker. if you're a family of four and you're earning $30,000 a year, you can't afford to pay the bills of this country in the same way that someone making $200,000 a year can. that's ok. we understand that. that's why there are graduated rates in the income tax code. some people 10%. some people pay 15%. some people pay 25%. some people pay in the 30's. the more you have the more we think you're able to contribute, but here we are in what every american economist would agree is one of the most dire economic circumstances of our time and what i hear described as leadership from the president is don't change anything for the 80%. in fact, spend more on the 80% and go tap that last 1% to pay all the bills. the top 1% are already paying all the bills. . this chart i would say demonstrates a moral imperative that we have the and grapple with as american citizens, as members of the greatest self-ruling nation the history of the world, what we have already

of the story is they will have more time for arts and music. our kids stink at math and science. there is no indication there is a link between this dump of federal and local money and whether results. the school system is one of the worst in the state. we gave them a free $100 million high school to motivate learning and test scores haven't changed at all. no one can connect this money with better result. isn't that the point to get smarter kids? martha: it is the point. we have seen in so many of our inner cities, the more money that gets thrown at the program over the years, we have seen a declining rate of grades and test scores. so we added more money, we are getting lower test scores. you want to make sure you will have quality in those hours. up believe the way to do that is to promote school choice which doesn't seem to be happening in this administration. >> what can do you with a few dollars for kids? before president obama became president congress passed a d.c. voucher program and was sending them to sidwell where the president's daughters go. one of the first things

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